Glossary of "terms" used within the Shiba Inu Ecosystem
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Allocated swap fees
Allocated swap fees are fees from any token transaction within ShibaSwap excluding ETH, WBTC, DAI, USDT and USDC.
Arbitrageur
An arbitrageur is a type of investor who attempts to profit from market inefficiencies. These inefficiencies can relate to any aspect of the markets, whether it is price, dividends, or regulation. The most common form of arbitrage is price.
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BURY
Staking
BONEFOLIO
Portfolio
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DIG
Yield Farming
DAO
DAOs are internet-native organizations collectively owned and managed by their members. They have built-in treasuries that are only accessible with the approval of their members. Decisions are made via proposals the group votes on during a specified period.
Sourced from Cointelegraph.com - ethereum for beginners
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Non-custodial wallets
A non-custodial wallet, like Coinbase Wallet or MetaMask, is a software product that gives you access to a wide spectrum of decentralized innovation - buy and store ERC-20 tokens, participate in airdrops and ICOs, collect rare digital art and other collectibles, browse decentralized apps (DApps), shop at stores that accept cryptocurrency, and send crypto to anyone around the world. It puts you in complete control of your crypto.
Non-custodial wallets don’t rely on a third party — or a “custodian” — to keep your crypto safe. While they provide the software necessary to store your crypto, the responsibility of remembering and safeguarding your password falls entirely on you.
If you lose or forget your password — often referred to as a “private key” or “seed phrase” — there’s no way to access your crypto. And if someone else discovers your private key, they’ll get full access to your assets.
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Puppy Pool
ShibaSwap Liquidity Pool
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SSLP
Shiba Swap Liquidity Provider
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WOOF
Un-stake accrued reward tokens
WOOF Paper
Lite Paper
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